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October 2019

Greetings,
You are receiving this newsletter with hopes that you find it informative and entertaining.

If you are thinking of making a move, or just curious about the real estate trend in your area, please feel free to contact us any time. It is our pleasure to help you.

Best regards,
Lyle Longridge

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Latest housing market video update from REBGV signals balanced conditions continue now on a three month trend .
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BCREA Province wide video housing market update......balanced conditions remain throughout province
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Property sales in Fraser Valley have recovered bringing market into balance
For the third straight month, home sales in the Fraser Valley surpassed 2018 levels bringing the market back in line with long-term averages.
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Latest data from REBGV confirms Increased demand helps housing market reach balanced territory
Home buyer demand has returned to more historically typical levels in Metro Vancouver over the last three months.
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Market Watch - Home resales rise for a six-straight month.
The cumulative gain since the February trough is 16.6% and rising. This further tightened demand-supply conditions at the national level with the sales-to-new listings ratio (0.60 in September) at the threshold of a sellers’ market.
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Winter Home Maintenance Checklist
With the winter just around the corner, it’s time to get your house in shape for the cooler months ahead. Although autumn can be one of the busiest seasons for homeowners preparing for winter, it’s also the best time to take advantage of the moderate weather to repair any damages before the first frost sets in.
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What is The Best Mortgage Rate?
A 1.9% online rate will definitely attract attention! But the cheapest is not always best. Once the fine print is read, many will find they don't qualify, and often there are restrictions that could really cost homeowners in the long run.
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Buying New Construction vs Older Homes
When trying to decide whether to buy an older home or a newly constructed one, many questions come to mind. Start by educating yourself and knowing the pros and cons of each.
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How to Build and Boost Your Credit Score
A good credit score is a key to buying a house, taking out a loan, applying for a credit card as well as many other important economic transactions. Banks use your credit score to determine your credit risk—the higher the score, the lower the risk and the more appealing you look on paper, which can give you better interest rates on loans.
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Compliments of
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Lyle Longridge
Associate Broker/Realtor
RE/MAX CREST
lyle@lylelongridge.com
Cell : 604-812-4076

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Know what I want?

More great clients like you! Your referrals are always appreciated.

Lyle Longridge
Realtor/Associate Broker
Longridge Real Estate @ RE/MAX CREST
#1-5050 Kingsway
Burnaby, BC, V5H 4C2

Email us: lyle@lylelongridge.com
Call us : 604-812-4076

 

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